mobile home owner's financial data

[Pat Murphy]

Is there an association that publishes financial data on mobile home parks? For example, How are rental rates set?, Is there a formula for setting rental rates?, How is investment recovered and over what period ?, What is the typical lease period?, etc.

[rbonnie]

Usually space rent is based on two factors.
1. Market supply and demand.
2. Required return on investment.

This of course varies with each and every market, just as it does with any commerical real estate investment.

[admin]

If your interested in MH Park investment there are several great reads that will educate you at a relatively low tuition rate.

How to Find, Buy, Manage & Sell a MHCommunity is a thorough review of the entire real estate investment cycle...draws upon the expertise of many of the industry's most knowledgeable individuals to provide a comprehensive guide to manufactured home community investing.


Mobile Home Park Investing, by Dave Reynolds is now Available for Instant Download! Over the last 10 years Dave Reynolds has been involved in many aspects of the manufactured housing industry including Purchasing over 30 mobile home parks as an investor, Selling 25+ mobile home parks as a licensed broker Helping 1000's of buyers and sellers either buy or sell a mobile home park and Selling several hundred mobile homes in parks that he had owned He has put this book together to help you learn from his mistakes and experience in the industry.


Manufactured Housing Community Rent Surveys from JLT and Associates, the leading provider of timely and accurate information on investment grade communities. management report oriented Rent Survey reports cover 66 markets nationwide Their reports include detailed information about investment grade communities including monthly rents, services included in rents, latest rent increases, programs occupancy rates, marketing and incentives offered to fill vacant homesites PLUS various management reports sorted by number of homesites, occupancy percent and highest to lowest rent.

How To Get An FHA Guaranteed Loan For Acquisition and Rehabilitation or Development of a MH Community Now available in E-Book Version, by Edward Hicks. All the information, forms, analysis, you will need to get a non-recourse, 40 year, fixed rate loan for land lease community development, or an apartment project using HUD Code or Modular units. Includes forms, base costs, high cost percentages for many areas of the US, MAP regulations